- Initial 3 drill holes of the 2018 Fall diamond drilling program currently underway
- 2017 and 2018 drill intersections (core length) of 50.1 g/t gold over 2.05 meters; 54.9 g/t gold over 1.47 meters; and 4.59g/t gold over 16.03 meters at the COD Vein.
- Drilling is focusing on the area of drill holes COD18-45 and COD18-46. The objective is to trace the gold mineralization at depth.
VANCOUVER,BRITISH COLUMBIA / November 6, 2018 / GGX Gold Corp. (TSX-V: GGX),(OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX“) is pleased to announce it has completed the initial 3 drill holes of the 2018 Fall diamond drilling program currently underway at its Gold Drop Property, near Greenwood, southern British Columbia. The program is targeting the gold bearing COD Vein, with the focus being an area of previous high grade gold drill intercepts.Highlights for the Gold Drop Property, including COD Vein are:
- 2017 and 2018 drill intersections (core length) of 50.1 g/t gold over 2.05 meters; 54.9 g/t gold over 1.47 meters; and 4.59g/t gold over 16.03 meters at the COD Vein.
- Gold and silver bearing quartz veins in multiple regions of the property with high grade gold reported (samples exceeding 1 oz. / ton gold reported).
- Historic gold and silver production at the Gold Drop, North Star, Amandy and Roderick Dhu vein systems.
The diamond drilling program is underway testing the COD Vein. The program is following up on results from the 2018 Winter-Spring drill program which tested the southern extension of the COD Vein. Two of the southernmost holes, COD18-45 and COD18-46, intersected high grade gold. COD18-45intersected of 50.1 grams per tonne (g/t) gold and 375 g/t silver over 2.05 mete rcore length including 167.5 g/t gold, 1,370 g/t silver and >500 g/t tellurium over 0.46 meter core length (News Release of August 15, 2018).COD18-46 intersected 54.9 g/t gold and 379 g/t silver over a 1.47 meter core length, including 223 g/t gold, 1,535 g/t silver and greater than 500 g/t telluriu mover a 0.30 meter core length (News Release of August 22, 2018).
The drilling is focusing on the area of drill holes COD18-45 and COD18-46. The objective is to trace the gold mineralization at depth. Further holes are also planned to test for the vein to the south of these intercepts.
The drill core is currently being split and securely packaged for shipment to ALS laboratories in Vancouver, B.C. There the core will be analyzed for gold by Fire Assay and for 48 elements by Four Acidand ICP-MS. Quality control (QC) samples are being inserted at regular intervals.
David Martin, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the technical information contained in this News Release.
To view the Original News release with pictures please go to the website or contact the company.
On Behalf of the Board of Directors,
Barry Brown, Director
604-488-3900
[email protected]
InvestorRelations: Mr. Jack Singh,604-488-3900 [email protected]
” We don’t have to do this, we get to dothis ”
The Crew
